CNX ResourcesCNX
About: CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
Employees: 470
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4,551% more call options, than puts
Call options by funds: $181M | Put options by funds: $3.89M
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
0% more capital invested
Capital invested by funds: $3.8B [Q1] → $3.82B (+$15.1M) [Q2]
0% less funds holding
Funds holding: 323 [Q1] → 322 (-1) [Q2]
2% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 51
8% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 113
2.21% less ownership
Funds ownership: 104.73% [Q1] → 102.52% (-2.21%) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Capital One Brian Velie 0 / 0 met price target | 29%downside $25 | Equal-Weight Downgraded | 14 Oct 2024 |
Mizuho Nitin Kumar 20% 1-year accuracy 13 / 66 met price target | 6%downside $33 | Neutral Maintained | 14 Oct 2024 |
BMO Capital Phillip Jungwirth 8% 1-year accuracy 1 / 12 met price target | 17%downside $29 | Market Perform Maintained | 4 Oct 2024 |
Truist Securities Neal Dingmann 50% 1-year accuracy 64 / 127 met price target | 8%upside $38 | Buy Maintained | 30 Sept 2024 |
Mizuho Nitin Kumar 20% 1-year accuracy 13 / 66 met price target | 9%downside $32 | Neutral Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 5 articles about CNX published over the past 30 days